NZDJPY is forming a perfect pattern and we are expecting a breakout soon, once that happens on valid breakout we will be initiating long positions in NZDJPY . Sometimes there may be false breakouts, so be careful..even while I'm typing this price is teasing the upper . There are 2 ways by which breakout can happen 1) retest lower take support move up or (2) Breakout happens directly in coming few hours.
So lets check our risk-rewards and order entry with stops n exits to trade NZDJPY .
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Happy Trading !!